The recent charge by private investors into European real estate slowed in August and September as the shockwaves of the credit crisis continued to reverberate throughout the sector. A large number of listed companies led by IVG Immobilien found their way back into PropertyEU's monthly ranking of cross-border real estate deals during the period. In total, the German company spent almost EUR 2 bn on properties in its home country including a portfolio from German insurer Allianz for about EUR 1.3 bn for a net initial yield of 5.3%.
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